Answer:
$937,000
Explanation:
Calculation to determine the total net amount of property, plant, and equipment that will appear on the balance sheet
Land (location of the office building) $97000
Add Office Building 675000
Add Equipment 457000
Add Office Furniture 135000
Less Accumulated Depreciation (427000 )
Total Net Amount $937,000
Therefore the total net amount of property, plant, and equipment that will appear on the balance sheet is $937,000
Answer:
The correct answer is option (B).
Explanation:
According to the scenario, the given data are as follows:
Net income = $110,000
Dividends paid = $60,000
Common stock owns = 15%
So, we can calculate the income for particular investment by using following method:
Income to be recognized = Dividends paid × Common stock owned
by putting the value, we get
= $60,000 × 15%
= $60,000 × 0.15
= $9,000
Hence, the income to be recognized on this investment is $9,000.
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Answer:
The correct answer is letter "D": Zero.
Explanation:
While dealing with an asset out of an unsystematic firm-specific risk <em>there is no compensation to expect</em> from a firm since it is the individual who is taking the risk in trading that asset. All responsibility relies on the individual's strategy when placing a transaction but the firm does not have any responsibility for having the individual accept that security.
